ABOUT: Middle East

Study: World's uber-wealthy still crave luxury
New York—Despite increasing costs and financial market turmoil, the world's high-net-worth individuals (HNWIs) and ultra-high-net-worth individuals (Ultra-HNWIs) continued to seek luxury items...
June 26, 2008 | National Jeweler Network
ICA launches colored-gemstone show in Dubai
New York—In line with efforts to create a new colored-gemstone trading hub in the Middle East, the International Colored Gemstone Association (ICA) is launching the ICA International Gem Fair...
January 28, 2008 | National Jeweler Network
Ferrari Perpetual Calendar Engineered by Officine Panerai wins
The Ferrari Engineered by Officine Panerai Perpetual Calendar was honored as the Best Special Edition at the Middle East Watch of the Year Awards 2007,ConnectingWatches.com reported. Details relative...
March 24, 2008 | National Jeweler Network
Bulgari loses some luster
For the first quarter, Italian jeweler Bulgari reported an increase in sales to $358.3 million—a figure which fell short of analysts expectations of $365.7 million, Forbes.com reported. The...
May 16, 2008 | National Jeweler Network
Thai jewelry industry eyes Dubai market
Bangkok, Thailand—Thailand, one of the world's leading gem and jewelry producers, is looking to add the Middle East to its growing list of export frontiers, based upon the region's high...
June 06, 2008 | National Jeweler Network
Couture show sees increased exhibitors, attendees
New York—During a year of low turnout at the jewelry shows, organizers of the high-end Couture show have reported attendance levels nearing 4,900, a record high for the show.
June 12, 2008 | National Jeweler Network
U.A.E. minister of economy to speak at ICA Congress
New York—Sheikha Lubna al Qasimi, the United Arab Emirates' minister of economy, will give the keynote address when members of the colored-gemstone industry meet in Dubai, United Arab Emirates,...
April 13, 2007 | National Jeweler Network
Gold demand rises in 3Q despite high prices
New York—The ongoing financial crisis directly impacted the global gold market in the third quarter of 2007, with investors rather than jewelry buyers pushing total demand to a new record of...
November 14, 2007 | National Jeweler Network
ICA to launch gem bureau in Dubai
New York—Like their diamantaire counterparts, colored-gemstone dealers are gravitating toward Dubai, United Arab Emirates, as an important new frontier for business operations.
November 30, 2007 | National Jeweler Network
IDL to have retail focus
Dubai, United Arab Emirates—The International Diamond Laboratories (IDL) has announced the appointment of Samit Bhatta as general manager for India and the Middle East, underlining the new...
July 20, 2007 | National Jeweler Network
IGI expands educational offerings in Middle East
Dubai, United Arab Emirates—The International Gemological Institute (IGI) will be strengthening its already-firm presence in the Middle East by expanding program offerings at its school in...
January 26, 2007 | National Jeweler Network
Damas, IDL partner on exclusive diamond cut
Dubai, United Arab Emirates—Damas Jewellery has signed an exclusive partnership with the International Diamond Laboratories (IDL) to market its branded "Damas Cut" with certificates from the...
August 23, 2007 | National Jeweler Network
As U.S. economy slows, India turns to Middle East
Mumbai, India—Although the United States remains India's No. 1 market for jewelry exports, the country is not about to let its jewelry industry suffer in the wake of the U.S. economic slump.
August 11, 2008 | National Jeweler Network
Binda brings D&G jewelry stateside
New York—A year after launching D&G Time watches in the United States, distribution firm Binda has inked a deal to do the same with the fashion company's jewelry line.
June 28, 2007 | National Jeweler Network
New jewelry pays homage to Marie Antoinette, 40s film stars
Middle East retailer Damas is showcasing the latest collections from Italian brand Calgaro, World Gold Council reported. The extravagance of Marie Antoinette can be seen in the gold bows of the...
March 19, 2008 | National Jeweler Network
Yellow diamonds are top lot at Christie's New York sale
New York—Christie's New York's "Important Jewels" auction brought in more than $8 million, with 92 percent of the 252 lots selling.
June 15, 2007 | National Jeweler Network
Sotheby's St. Moritz 'Magnificent Jewels' sale tops $8 million
St. Moritz, Switzerland—Sotheby's Magnificent Jewels sale here brought in $8.6 million, with the top lot—a 10.97-carat marquise-shaped, D-color diamond ring—going for $583,985.
February 21, 2007 | National Jeweler Network
Report: Gold-jewelry production dropped in 2006
London—Gold-jewelry production dropped more than 400 tons in 2006 as a result of higher and more volatile prices, according to precious-metals consulting firm GFMS Limited.
January 19, 2007 | National Jeweler Network
Gold jewelry demand declines 21 percent in 1Q
New York—Gold jewelry demand declined 21 percent in the first quarter of 2008 as compared to the same period in 2007, marking the lowest quarterly level on record since 1993, according to the...
May 21, 2008 | National Jeweler Network
Christie's Dubai auction tops $16.5 million
Dubai, United Arab Emirates—Four lots in Christie's second auction of Contemporary Jewels and Watches in Dubai have broken the $1 million mark, with the top two lots each selling for more than...
November 05, 2007 | National Jeweler Network



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